Sequoia India News

LightMetrics scales globally having improved fleet driver behaviours with intelligent video as it secures $8.5 million funding round

Commercial fleet owners are investing heavily in telematics data to improve road safety concerns, driver well-being and operational efficiencies. It's a marketplace worth $76 billion and set to grow to $214 billion in the next six years. However, their insurance claims have been steadily increasing over the past five years. Aiming to rebalance this equation, video telematics business - LightMetrics is announcing a $8.5 million funding round from Sequoia Capital India, to help telematics service...